Well-Known Ethnic Restaurant for sale in NYC - 34069 Business Type: delicatessen/catering services,other eating & drinking places,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $65,000 | Down Payment | $65,000 |
| Gross Revenues | $370,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $50,000 | Number of FT Employees | Register Free to View |
Financing
$65,000 Down and
Business Description
This 27 years old restaurant which caters Indian, Pakistani and Bangladeshi community, is located in a busy area in Manhattan. Before pandemic, its gross sale was over $3500 a day; during pandemic, it does $1,000 a day in gross sale.Rent is $6500. Its dishes are well-known and popular among its loyal clientele. The seller wants to retire. This is a great opportunity to buy now as the asking price is very attractive: $65,000. The employees are ready to stay on with a new buyer. The seller's net cash flow, after paying all the expenses, is over $50,000 a year. Call Syed at 631-374-7686 for more information.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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